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1619 Cimarron St, Los Angeles, CA 90019
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1619 Cimarron St Los Angeles, CA 90019

$1,375,000
  • 4 Beds
  • 4 Baths
  • 4,164 Sq.Ft.
For Sale
$1,375,000 Get Pre-Qualified
Map preview of 1619 Cimarron St, Los Angeles, CA 90019

Property Overview: 1619 Cimarron St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 4,164 living square feet and 4,684 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this exceptional investment opportunity in the heart of Arlington Heights. With the area's thriving rental market, this charming 4-plex boasts four 1-bedroom, 1-bathroom units, each spanning approximately 1000 square feet. Each expansive unit is equipped with hardwood or laminate wood floors throughout and laundry hookups for added convenience. Two of the units have been tastefully renovated within the past decade, while the remaining units are in need of updates. Situated on a pride of ownership street, this property is ideally located close to public transportation and a variety of restaurants, making it a highly desirable rental location. PLEASE DO NOT DISTURB TENANTS

Listed by Anna Marie Simpliciano | BRE #01830871 | Carolwood Estates
Last checked: 13 minutes ago | Last updated: February 22nd, 2024 | Source CRMLS | DOM: 93
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Home details

Lot Sq. Ft
4,684
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24352075
City
Los Angeles
County
Los Angeles
Time on Site
112 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,415
  • Total Rent: $1,415
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,494
  • Total Rent: $1,494
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,365
  • Total Rent: $1,365
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.5%
  • Gross Rent Multiplier: 20.48
  • Gross Scheduled Income: --
  • Net Operating Income: $50,975
  • Gross Operating Income: $70,800
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1619 Cimarron St

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Property Details for 1619 Cimarron St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 5073021016
  • Architectural Style: Georgian
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Cimarron Street between Washington Blvd & Venice Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1619 Cimarron St

Last sold for $534,000 on April 29th, 2004

  • January, 2024

  • Jan 26, 2024

    Date

    Active

    CRMLS: 24352075

    $1,450,000

    Price

  • January, 2024

  • Jan 19, 2024

    Date

    Canceled

    CRMLS: 23334841

    $1,500,000

    Price

  • Nov 28, 2023

    Date

    Active

    CRMLS: 23334841

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this exceptional investment opportunity in the heart of Arlington Heights. With the area's thriving rental market, this charming 4-plex boasts four 1-bedroom, 1-bathroom units, each spanning approximately 1000 square feet. Each expansive unit is equipped with hardwood floors throughout and laundry hookups for added convenience. Two of the units have been tastefully renovated within the past decade, the vacant unit is currently going through a renovation, while one unit remains in older condition. Situated on a pride of ownership street, this property is ideally located close to public transportation and a variety of restaurants, making it a highly desirable rental location. PLEASE DO NOT DISTURB TENANTS

  • April, 2004

  • Apr 29, 2004

    Date

    Sold (Public Records)

    Public Records

    $534,000

    Price

  • January, 2004

  • Jan 2, 2004

    Date

    Sold (Public Records)

    Public Records

    $33,000

    Price

Show More

Tax History for 1619 Cimarron St

Assessed Value (2020): $694,215
Year Land Value Improved Value Assessed Value
2020 $520,015 $174,200 $694,215

Home Value Compared to the Market

This property vs the competition

1619 Cimarron St is listed 10% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $330.21 per/sqft which puts the price per square foot 57.5% lower than the median price per square foot for the city of Los Angeles.

About 1619 Cimarron St

Detailed summary of property

1619 Cimarron St is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 4,164 living square feet, and sits on an approximately 4,684 square foot lot. 1619 Cimarron St was first listed on ArdentRealEstateGroup.com on January 27, 2024. The homeowner is currently asking $1,375,000 and was originally asking $1,450,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10% higher than the median priced home. Local competing homes currently for sale include 2015 6th Ave, 2122 6th Ave and 1734 S Hobart Blvd. While the average home in Los Angeles, CA is selling in 92 days, 1619 Cimarron St has a days on market of 93 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1619 Cimarron St Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1619 Cimarron St

Public county record property details
Beds
3
Baths
4
Year built
1920
Sq. Ft.
4,164
Lot Size
4,683
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5073-021-016

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Recently Sold Homes Near 1619 Cimarron St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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